As the U.S. government shutdown enters its 23rd day, a critical information blackout continues to impact economic analysis. The lack of data on job market trends, inflation figures, and jobless claims adds another layer of uncertainty to an already volatile situation. This has triggered a surge in the expectation for further Fed rate cuts. Analysts point to the potential for significant volatility in the crypto market given this unprecedented scenario. 50 basis points could be cut soon. The possibility of additional cuts in December and January is also increasing significantly, as markets seek to hedge against stagflation. This increased risk appetite may drive investors towards alternative assets like crypto, offering higher yields compared to traditional safe-haven investments. Crypto’s appeal is amplified by the Fed’s actions. When the Federal Reserve lowers interest rates, traditionally safe options like savings accounts or bonds become less appealing, making riskier assets, including cryptocurrencies, more attractive. The impact on cryptocurrency markets is further underscored by potential liquidity impacts from the ongoing shutdown. This uncertainty could fuel further market consolidation with Bitcoin holding near $108,000 and Ether struggling to break through the $4,000 resistance level. Meanwhile, altcoin performance remains muted as investors await further clarity.